Divi’s Lab inks supply pact with global pharmaceutical entity

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  The company expects a significant contribution of income from this long -term agreement.

The company expects a significant contribution of income from this long -term agreement | Photo credit: Amit Dave

Divi laboratories said Friday that it has signed a supply agreement with a global firm of pharmaceutical products.

According to the long -term agreement, the company will manufacture and provide advanced intermediates according to the commercial terms agreed between the parties, Divi laboratories said in a regulatory presentation.

The company expects a significant contribution of the income of this long -term agreement, added without revealing the identity of the partner.

“The company is planning the addition of capacity in its manufacturing facilities with an estimated investment between ₹ 650 million rupees and ₹ 700 million rupees, which will be based on internal accumulations,” he said.

The company’s shares quoted 2.07 percent to ₹ 5,638,35 each in BSE.

Posted on April 18, 2025

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